Properties to rent in MK5

Frequently asked questions about renting in MK5

What is the average rent in MK5?

The average rent for a home in MK5 is £1,505 a month. A typical home, the one in the middle of the range, is £1,500 a month. This is based on the 39 homes to rent on Houses right now.

How much is a 2 or 3 bedroom home to rent in MK5?

A typical 2-bedroom home in MK5 rents for £1,400 a month and a 3-bedroom home £1,650 a month. So the extra bedroom adds about £250 a month. 1-bedroom homes rent for around £815 a month, and 4-bedroom homes rent for about £1,975 a month.

What is the price range of rental homes in MK5?

Most rents in MK5 are between £700 and £2,995 a month, leaving out the very cheapest and most expensive. One in five rents for less than £1,200 a month, and one in five £2,000 a month or more.

How many homes are available to rent in MK5?

There are 38 homes to rent in MK5 on Houses right now, plus 10 already let agreed. 61 new listings came onto the market in the last 30 days.

Are rents going up in MK5?

Slightly up. Homes put up to rent in MK5 over the last 12 months were advertised at a typical £1,740 a month, 1.8% higher than the year before (£1,710 a month). By size, 1-bedroom homes are down 6%, 2-bedroom homes are up 19% and 3-bedroom homes are up 10%.

How quickly do rental homes let in MK5?

Most rental homes are let or taken off the market within 10 days. About 78% go within the first month.

What rental yield can I get in MK5?

About 8.6% gross for flats and 4.2% for houses. That compares typical rents with what flats and houses actually sold for in MK5 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in MK5?

Semi-detached houses are the most common, about a quarter of homes to rent in MK5. Detached houses come next, followed by flats and apartments. Flats and apartments are the cheapest, at about £1,250 a month, and detached houses the most expensive, at about £2,300 a month.

Where is it cheaper to rent near MK5?

Of the areas around MK5, MK6 is the cheapest, with a typical rent of £1,300 a month, followed by MK3 (£1,400 a month) and MK9 (£1,400 a month). MK5 itself is £1,500 a month.

Are rental homes in MK5 furnished?

About 5 in 10 rental homes in MK5 that say so are furnished, and the rest come unfurnished.

What are the schools like in MK5?

There are 5 primary and 2 secondary schools in MK5. 100% of those inspected by Ofsted were rated good or outstanding, and 3 were outstanding.

Which train stations are in or near MK5?

MK5 has no station of its own. The nearest are Milton Keynes Central, Fenny Stratford and Bletchley.